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Tornado Cash DAO faces a suspicious governance proposal; researchers warn it may be an attack—or could be an attack—targeting a $23 million treasury
The proposal contains multiple abnormal signals. First, the proposal's contract code has not been verified, which is extremely rare in the history of Tornado Cash DAO proposals. The researcher believes that this action itself constitutes a clear signal of a malicious proposal; second, the address of the proposal creator received funding through the privacy protocol Railgun 4 days ago, with a confused source and highly suspicious behavior; third, the content of the proposal description appears to be misleadingly packaged, but the core lies in its target contract—once the proposal is passed and executed, the governance contract will call the target contract function via delegatecall, meaning the attacker could gain extremely high permissions.
The researcher pointed out that the security of the Tornado Cash mixing pool itself is unaffected, but if the proposal is successfully passed, it is highly likely to constitute a direct attack on the Tornado Cash DAO itself. Currently, TORN tokens worth approximately $23 million stored in the DAO treasury are at risk. In 2022, the Tornado Cash DAO suffered a similar attack, where attackers successfully gained control of the protocol through a malicious governance proposal. The researcher urges all TORN token holders to remain highly vigilant before the proposal voting.